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Web3Labs Global Files $28 Million IPO Application to Nasdaq Under Ticker MDAT

GateNews
Stocks

According to Renaissancecapital, Web3 services provider Web3Labs Global has filed an IPO application with the U.S. Securities and Exchange Commission, planning to issue approximately 6.3 million shares at $4 to $5 per share to raise around $28 million. The offering values the company at approximately $141 million at the midpoint of the price range. The company aims to list on Nasdaq under the ticker symbol MDAT, with Eddid Securities and Futures serving as the underwriter.

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